Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 15 contracts
Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 70,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 11 contracts
Samples: Negotiated Agreement, Negotiated Master Agreement, Negotiated Agreement
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of fifty thousand dollars ($65,000 50,000.00) for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in five thousand dollar ($5,000 5,000.00) increments, up to a maximum of sixty thousand dollars ($60,000 60,000.00) coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 50,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 4 contracts
Samples: dam.assets.ohio.gov, serb.ohio.gov, dam.assets.ohio.gov
Life Insurance. The Board shall provide term purchase and maintain life and accidental death and dismemberment coverage insurance in the amount of $65,000 50,000 for each teacher. Bargaining unit members may purchase additional term life In the event of accidental death or dismemberment, the insurance at policy will pay according to the group rate, in $5,000 increments, schedule up to a maximum of $60,000 coverage in addition to Board paid coverage100,000. Modifications to this provision may be necessary to comply with requirements The policy shall retain conversion privileges for the employee. Exercise of the insurance carrier. The value privilege is the responsibility of the life insurance reduces by 50% at age 65employee. The specific terms of the policy are contained in the life insurance contractThis shall not be pro-rated based on contractual language.
Appears in 3 contracts
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 for each full-time teacher. Bargaining Effective with the 2018-2021 contract, bargaining unit members may purchase additional term who begin part-time positions or who begin participating in position sharing will not be eligible for life insurance at benefits through the group rate, in $5,000 increments, up Board. Any bargaining unit member who began a part-time or position sharing role prior to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements the beginning of the insurance carrier. The value of the 2018-2021 contract will remain eligible for $65,000 life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contractand accidental death and dismemberment coverage.
Appears in 3 contracts
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 50,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 50,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements requirement of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, serb.ohio.gov
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 75,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 2 contracts
Samples: dam.assets.ohio.gov, serb.ohio.gov
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of fifty thousand dollars ($65,000 50,000) for each full time teacher. Bargaining unit members may purchase additional term life insurance at the group rate, rate in $5,000 increments, up to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 2 contracts
Samples: Master Contract, serb.ohio.gov
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 60,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 2 contracts
Samples: dam.assets.ohio.gov, serb.ohio.gov
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 17,500 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 2 contracts
Samples: Contract Agreement, Contract Agreement
Life Insurance. The Effective October 1, 2002, the Board shall will provide term life and accidental death and dismemberment coverage in the amount $70,000 of $65,000 for each teacher. Bargaining unit members may purchase additional group term life insurance at for each teacher in the group rate, bargaining unit. This will include double indemnity for accidental death or dismemberment. The carrier will be selected by the Board. Teachers may purchase supplemental term life insurance in increments of $5,000 increments, up 10,000 to a maximum of $60,000 coverage in addition 70,000, subject to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract's enrollment restrictions and rules.
Appears in 2 contracts
Samples: Master Contract, Tentative Agreement
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of twenty five thousand dollars ($65,000 25,000.00) for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of fifty thousand dollars ($60,000 50,000.00) coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by fifty percent (50% %) at age 65. The specific terms of the policy are contained in the life insurance contractLife Insurance Contract.
Appears in 2 contracts
Samples: dam.assets.ohio.gov, serb.ohio.gov
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 70,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.age
Appears in 2 contracts
Samples: Negotiated Agreement, Agreement
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 60,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.age
Appears in 2 contracts
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 29,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 50,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 1 contract
Samples: Master Agreement
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of sixty thousand dollars ($65,000 60,000.00) for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in five-thousand-dollar ($5,000 5,000.00) increments, up to a maximum of sixty thousand dollars ($60,000 60,000.00) coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements requirement of the insurance carrier. The value of the life insurance reduces by fifty percent (50% %) at age sixty-five (65). The specific terms of the policy are contained in the life insurance contract.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 60,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 50,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.age
Appears in 1 contract
Samples: Negotiated Agreement
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 70,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 50,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 1 contract
Samples: Contract Agreement
Life Insurance. The Board shall provide term life and accidental death and dismemberment coverage in the amount of $65,000 60,000 for each teacher. Bargaining unit members may purchase additional term life insurance at the group rate, in $5,000 increments, up to a maximum of $60,000 coverage in addition to Board paid coverage. Modifications to this provision may be necessary to comply with requirements requirement of the insurance carrier. The value of the life insurance reduces by 50% at age 65. The specific terms of the policy are contained in the life insurance contract.
Appears in 1 contract
Samples: Collective Bargaining Agreement